Gap (GAP) reported $3.72 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 4.9%. EPS of $0.54 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +2.93% over the Zacks Consensus Estimate of $3.61 billion. With the consensus EPS estimate being $0.39, the EPS surprise was +38.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...

Gap (GAP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.46%. A quarter ago, it was expected that this clothing chain would post earnings of $0.14 per share when it actually produced earnings of $0.41, delivering a surprise of 192.86%.Over the last four quarters, the company has s ...

Gap Inc. Reports Second Quarter Fiscal 2024 Results, Provides Updated Full Year Outlook Net sales increased 5% versus last year with market share gains for the 6 consecutive quarter Comparable sales were up 3% driven by strength at Old Navy and Gap th Operating margin of 7.9% improved 490 basis points versus last year Increases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO – August 29, 2024 – Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house ...

Net sales increased 5% versus last year with market share gains for the 6th consecutive quarterComparable sales were up 3% driven by strength at Old Navy and GapOperating margin of 7.9% improved 490 basis points versus last yearIncreases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today re ...

Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early.The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported that a presentation showing the results briefly appeared on Gap's website in the morning.The earnings no longer appeared to be posted on Gap's site when the stock was halted just before 10 a.m. ET. Shares were down nearly 1% before the trading pause.Gap did not immediately respond to a r ...

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Julien Viry Initiating Coverage I am initiating coverage on Miniso Group (NYSE:MNSO) with a "Buy" rating and an investment horizon of 24 months. I believe that Miniso stock trades at a valuation gap and a reversal rally seems likely in the coming quarters. This initiating coverage discusses the reasons to be bullish on Miniso and the key risks to the bullish thesis. As an overview, Miniso Group is a lifestyle retailer with presence in China and in the international markets. As of March 2024, the company had ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Gap (GAP) . This company, which is in the Zacks Retail - Apparel and Shoes industry, shows potential for another earnings beat.This clothing chain has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 168 ...

The Gap Inc. (GPS) stock has regained some of its lost sheen in the past month. The comeback has mainly been driven by a financial recovery, fueled by rising market share and a stronger brand presence. The company has expanded its market share for five straight quarters. Additionally, it has been reinforcing its brand relevance through a savvy reinvigoration strategy.In the past month, the company’s shares have rallied as much as 11.5%, surpassing the industry peers and the broader S&P 500 index’s rise of 2 ...

Gap (GPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this clothing chain have returned +15.1%, compared to the Zacks S&P 500 composite's +2.2% change. During this period, the Zacks Retail - Apparel and Shoes industry, which Gap falls in, has gained 5.6%. The key question now is: What could be the stock's future direction?Although media reports or rum ...